Parents across the UAE will attest that education in UAE distinguishes itself in both the curricular and extracurricular realm. ??HOWEVER....

Parents across the UAE will attest that education in UAE distinguishes itself in both the curricular and extracurricular realm. ??HOWEVER....

One parent spoke of the “the wealth of choice in terms of price and curriculums.??

?“There’s also lots of choice of activities.”?

?However, one issue stood out among many from the parents interviewed: FEES.??

?When asked what the worst part about education in Dubai is one parent said:??

?“Undoubtedly the cost is a major impact”.??

Private school fees account for approximately 25% of household incomes for families across the UAE.??

?? And the school’s request for upfront payments?via cheque, cash or credit card do not help matters in the slightest.?

Families are feeling the pinch of increasing living costs and are looking at every opportunity to better manage their household budget and cashflow.?

Families are stuck using either credit cards or bank loans to pay for school fees, increases the parent’s debt, and decreases future family income.?

Families face mounds of credit card debt and bank loan debt and are often asked to provide payment in one or two lump sums in the Dh 10,000 - Dh 100,000 range.?Parents also risk high interest on top of their school fee debt if payments are late, not to mention the 2% to 3% charge for transactions if fees are paid by credit card.?

Families often find themselves still paying this year’s school fees when next year’s are due.??

But a much simpler and cost-effective alternative does exist

?? Monthly direct debit payments offer an alternative to this onerous system!??

Around the world monthly payments have been embraced with both ease and efficiency!???

Switching to a monthly biller initiated direct debit payment system would save time and costs for both schools and families across the UAE.??

How???

By spreading the payment over a longer period without any additional service costs or penalties, families benefit financially.??

Schools benefit without being charged credit card fees and allowing for consistent cash flow.??

Sources: https://schoolscompared.com/uncategorized/news-stories/the-best-and-worst-things-about-uae-education-according-to-dubai-parents-introducing-the-schoolscompared-parents-panel/

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